Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
LDA auctions 10 plots for Rs 55m
07-03-2014, 04:48 PM
Post: #1
LDA auctions 10 plots for Rs 55m
LDA auctions 10 plots for Rs 55m

LAHORE: The Lahore Development Authority (LDA) auctioned five commercial and five residential plots against a sum of Rs 55.5 million on Wednesday.
Open auction for 27 commercial and residential plots of Jubilee Town, Sabazazar, Faisal Town and Shadman as well as those located in Vegetable Market, Allama Iqbal Town, was held at the LDA Community Centre in New Muslim Town which was participated by 51 bidders, who had deposited earnest money in the form of pay orders of requisite amount for this purpose.
Tough competition was observed at this occasion as competitors enthusiastically offered their bids. Per marla base price of these plots had been estimated by the approved evaluators of the State Bank of Pakistan.
Maximum bid was offered for commercial plot No 181-I, Block A of Faisal Town, measuring 1.191 marla, which was auctioned against a total amount of Rs 5.4 million. Its base price had been fixed as Rs 1.4 million per marla whereas it fetched a price of Rs 1.89 million per marla.
Members of the auction committee including LDA Director Finance Zaheer Asghar Raana, Estate Management Directors Akbar Nakai and Muazzam Rasheed, Land Development Directors Imran Raza Abbasi and Waseem Abbas and other officers supervised the auction.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  LDA auctions five plots Salman 0 2,599 03-19-2015 03:53 PM
Last Post: Salman
  LDA auctions 10 plots Salman 0 2,524 02-27-2015 05:19 PM
Last Post: Salman
  LDA auctions various plots worth Rs 699 million Salman 0 3,054 12-08-2014 02:03 PM
Last Post: Salman
  LDA auctions rooftop restaurants, plots Salman 0 2,471 11-15-2014 01:10 PM
Last Post: Salman
  LDA Auctions 11 Plots For Rs 54 million Salman 0 2,599 10-14-2014 01:55 PM
Last Post: Salman
  LDA Auctions Going To Auction Commercial Shop On 13 October Salman 0 2,786 10-11-2014 01:25 PM
Last Post: Salman
  Revenue generation: LDA auctions rooftop restaurant, plots Salman 0 2,445 09-26-2014 03:56 PM
Last Post: Salman
  LDA auctions nine plots Salman 0 2,495 08-22-2014 01:39 PM
Last Post: Salman
  LDA auctions seven plots Salman 0 2,778 06-14-2014 02:54 PM
Last Post: Salman
  LDA Auctions Seven Plots For Rs 5.7 Million Salman 0 3,209 05-30-2014 08:09 PM
Last Post: Salman
  CDA Auctions Residential Plots In Islamabad Salman 0 3,460 05-29-2014 05:48 PM
Last Post: Salman
  LDA successfully auctions 11 plots Salman 0 3,604 05-06-2014 05:22 PM
Last Post: Salman

Forum Jump:


User(s) browsing this thread: 1 Guest(s)